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Avation
(LSE:AVAP)
Avation (AVAP) vs. iShares MSCI United Kingdom ETF (EWC)
Avation Business Overview & Revenue Model
Avation Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 112.55M | 89.48M | 92.69M | 109.84M | 110.79M |
| Gross Profit | 112.55M | -3.83M | -14.31M | 3.05M | 116.67M |
| EBITDA | 98.94M | 29.70M | 20.48M | 40.80M | 79.44M |
| Net Income | -7.72M | 19.73M | 12.19M | 17.13M | -84.89M |
Balance Sheet | |||||
| Total Assets | 1.10B | 1.14B | 1.18B | 1.22B | 1.28B |
| Cash, Cash Equivalents and Short-Term Investments | 58.26M | 34.31M | 37.28M | 122.89M | 122.47M |
| Total Debt | 652.34M | 675.50M | 755.98M | 828.13M | 947.64M |
| Total Liabilities | 858.09M | 885.92M | 937.96M | 989.93M | 1.13B |
| Stockholders Equity | 243.84M | 256.39M | 243.93M | 227.09M | 156.94M |
Cash Flow | |||||
| Free Cash Flow | 67.81M | 81.56M | 48.38M | 54.46M | 62.18M |
| Operating Cash Flow | 91.50M | 81.57M | 48.39M | 54.48M | 62.28M |
| Investing Cash Flow | -24.73M | 13.21M | 38.52M | 65.62M | 20.08M |
| Financing Cash Flow | -42.23M | -96.03M | -97.36M | -109.90M | -92.59M |
Avation Technical Analysis
Avation Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | £1.17B | 8.53 | 24.69% | 3.08% | -1.17% | 12.31% | |
74 Outperform | £937.82M | 16.98 | 10.87% | 3.19% | 4.40% | 31.59% | |
71 Outperform | £529.61M | 15.68 | 27.48% | 3.65% | 5.78% | -6.80% | |
71 Outperform | £141.90M | 2.83 | 39.13% | 12.99% | 1.42% | 13.67% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
53 Neutral | £579.21M | 74.24 | 6.27% | 1.02% | 10.74% | 237.07% | |
42 Neutral | £88.06M | -17.91 | -3.12% | 0.90% | 15.95% | -136.18% |
Avation Corporate Events
Avation PLC repurchased 10,000 of its own ordinary shares on 7 January 2026 at a price of 139p per share, with the shares to be held in treasury. Following this buyback, the company has 66,810,356 ordinary shares in issue, of which 4,358,999 are held in treasury, resulting in total voting rights of 62,451,357, a move that marginally reduces the free float and may signal management’s confidence in the company’s valuation while potentially enhancing earnings per share for remaining shareholders.
The most recent analyst rating on (GB:AVAP) stock is a Hold with a £134.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC has repurchased 10,000 of its own ordinary shares on the market at 138p per share, with the shares to be held in treasury. Following this buyback, the company’s total shares in issue stand at 66,810,356, of which 4,348,999 are held in treasury, resulting in total voting rights of 62,461,357, a move that marginally reduces the free float and may signal ongoing capital management efforts to support shareholder value.
The most recent analyst rating on (GB:AVAP) stock is a Hold with a £134.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC has confirmed that 173,618 new ordinary shares have been admitted to the Official List of the UK Listing Authority and commenced trading on the London Stock Exchange’s main market on 6 January 2026, ranking pari passu with the company’s existing ordinary shares. Following this admission, Avation now has 66,810,356 ordinary shares in issue, of which 4,338,999 are held in treasury, resulting in 62,471,357 voting rights, and it also has 4,904,024 listed warrants outstanding, slightly expanding its equity base and providing updated capital structure information to shareholders and the market.
The most recent analyst rating on (GB:AVAP) stock is a Hold with a £134.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC has signed a six-year transition lease agreement with Colombian carrier Clic Air for an ATR 72-600 aircraft that has been returned by its previous operator and is now undergoing scheduled maintenance and inspections ahead of delivery. The deal, which extends Avation’s relationship with existing customer Clic Air and enables a seamless redeployment of the turboprop asset, underscores the company’s ability to efficiently place returned aircraft and maintain utilisation across its leasing portfolio.
The most recent analyst rating on (GB:AVAP) stock is a Hold with a £134.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC has announced that the London Stock Exchange has set 6 January 2026 as the revised admission date for new shares to be issued to holders exercising AVAW warrants, replacing the previously indicated timing. The adjustment affects the schedule for when these warrant-related shares will begin trading, a procedural step that finalises this capital-related process for participating shareholders without altering the underlying terms of the warrants themselves.
The most recent analyst rating on (GB:AVAP) stock is a Hold with a £134.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC has delivered a new ATR 72-600 aircraft to South Korean carrier SUM Air under a 12-year lease, marking the first ATR aircraft in SUM Air’s fleet and Avation’s entry into the South Korean market. The aircraft, part of a 10-aircraft ATR 72-600 order placed in 2024, is currently unencumbered and its placement with a new customer underscores Avation’s strategy to diversify its lessee base and expand its presence in Asia, potentially strengthening its long-term leasing revenues and regional growth prospects.
The most recent analyst rating on (GB:AVAP) stock is a Hold with a £134.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC has issued 173,618 new ordinary shares following the exercise of its listed AVAW warrants, representing about 0.26% of the company’s enlarged share capital, with the new shares expected to be admitted to trading on the London Stock Exchange’s main market around 31 December 2025. After admission, Avation will have 66,810,356 ordinary shares in issue, of which 4,338,999 are held in treasury, resulting in 62,471,357 voting rights and leaving 4,904,024 AVAW warrants outstanding, modestly increasing its equity base and potentially broadening its shareholder participation.
The most recent analyst rating on (GB:AVAP) stock is a Hold with a £134.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC announced the retirement of Dr. Stephen Fisher, a Non-Executive Director, after more than nine years of service, aligning with UK Corporate Governance Code guidelines. This transition marks a planned succession for continued strong governance, reflecting Avation’s commitment to maintaining robust oversight.
The most recent analyst rating on (GB:AVAP) stock is a Buy with a £270.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC has announced the grant of 921,000 share warrants to its directors and employees as part of its long-term incentive plan, following shareholder approval at the last annual general meeting. This move, which includes a three-year vesting period and an exercise price of 140 pence per share, aims to align the interests of the company’s leadership and staff with its growth objectives, potentially impacting the company’s capital structure and stakeholder interests.
The most recent analyst rating on (GB:AVAP) stock is a Hold with a £135.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC, a commercial passenger aircraft leasing company, reported a positive outlook during its Annual General Meeting in Singapore. The company highlighted stable market values for new commercial aircraft and increased lease rates, with significant revenue generated from the Asia Pacific region. Avation’s fleet consists of 32 aircraft leased to 15 airlines across 14 countries, with plans to expand by adding new ATR72-600 aircraft. Financially, Avation has improved its capital structure by refinancing unsecured notes and reducing secured bank loans, leading to an increased dividend. The company remains optimistic about future growth, supported by strong demand for air travel and favorable industry dynamics.
The most recent analyst rating on (GB:AVAP) stock is a Hold with a £135.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC has submitted its annual report for the fiscal year ending June 30, 2025, to the National Storage Mechanism, making it available for public inspection. This move underscores Avation’s commitment to transparency and provides stakeholders with insights into the company’s financial health and operational performance.
The most recent analyst rating on (GB:AVAP) stock is a Hold with a £135.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC announced the transfer of 842,997 ordinary shares from treasury to satisfy the exercise of all outstanding 2022 series staff warrants. This transaction affects the company’s share structure, with a total of 66,636,738 ordinary shares now in issue and 62,297,739 voting rights. Directors Robert Jeffries Chatfield, Roderick Douglas Mahoney, and Mark Shelton received shares as part of this transaction, impacting their respective holdings and voting rights within the company.
The most recent analyst rating on (GB:AVAP) stock is a Hold with a £135.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC has announced its 2025 annual general meeting (AGM) scheduled for November 26, 2025, in Singapore, with a simultaneous video conference in London. Shareholders can participate online via the LSEG SparkLive platform, submit proxy votes, and pre-submit questions for the Board, enhancing shareholder engagement and accessibility.
The most recent analyst rating on (GB:AVAP) stock is a Hold with a £135.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC has successfully redeemed all outstanding senior notes due 2026, following the issuance of new US$300 million senior notes due 2031 under its US$1 billion global medium term note programme. This move highlights Avation’s ongoing success as a bond issuer in the high yield markets, reinforcing its financial strategy and strengthening its market position.
The most recent analyst rating on (GB:AVAP) stock is a Hold with a £156.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC, a commercial passenger aircraft leasing company, has announced that S&P has assigned a ‘B’ long-term issue rating to its US$300 million senior unsecured notes due 2031. Additionally, S&P has upgraded Avation’s long-term issuer credit rating to ‘B’ from ‘B-‘, reflecting improved refinancing and liquidity conditions following the redemption of US$298 million of senior unsecured notes due 2026.
The most recent analyst rating on (GB:AVAP) stock is a Hold with a £156.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC has announced a structured process for the orderly exercise of its listed warrants, which will lead to the allotment and issue of new ordinary shares. This process is set to occur on a quarterly basis over the next year, with specific dates outlined for each step. The final exercise date for the warrants is October 31, 2026, after which any unexercised warrants will lapse. This orderly process aims to benefit both warrant holders and shareholders by ensuring a smooth transition and integration of new shares into the market.
The most recent analyst rating on (GB:AVAP) stock is a Hold with a £156.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC has announced its intention to continue considering the repurchase of newly issued US$300 million Senior 8.5% Notes due 2031, part of its US$1 billion global medium-term note program. The company plans to provide quarterly updates on repurchases and relevant transactions, with the first update expected in March 2026, potentially impacting its financial strategy and stakeholder interests.
The most recent analyst rating on (GB:AVAP) stock is a Hold with a £156.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC announced that Fitch Ratings has affirmed its Long-Term Issuer Default Rating at ‘B’ with a Stable Outlook. Additionally, a final long-term debt rating of ‘B’/’RR4’ was assigned to the senior unsecured bond issued by Avation Group under its USD1 billion global medium-term note programme. This affirmation and rating assignment reflect Avation’s stable financial position and its strategic role in the aircraft leasing industry.
The most recent analyst rating on (GB:AVAP) stock is a Hold with a £156.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC has announced its upcoming annual general meeting scheduled for November 26, 2025, in Singapore. The meeting will provide shareholders with the opportunity to engage with the company, and relevant documents are available on Avation’s website. This announcement underscores Avation’s commitment to transparency and shareholder engagement, potentially impacting investor relations positively.
The most recent analyst rating on (GB:AVAP) stock is a Hold with a £156.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC has repurchased 490,000 of its ordinary shares at a price of 154.85 pence per share, which will be held in treasury. This transaction adjusts the total number of voting rights in the company to 64,431,738, a figure that shareholders can use for determining their notification requirements under the FCA’s rules.
The most recent analyst rating on (GB:AVAP) stock is a Hold with a £156.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC has announced a four-year lease extension with EVA Air for its A330-300 widebody aircraft, extending the lease until November 2031. This extension is significant as it ensures EVA Air’s passenger capacity for six years and maintains Avation’s relationship with a top-rated airline, enhancing its lease term and contracted revenue.
The most recent analyst rating on (GB:AVAP) stock is a Hold with a £156.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC has successfully priced US$300 million in senior unsecured notes due in 2031, with an 8.5% coupon, as part of its US$1 billion global medium-term note program. The proceeds will be used to repay existing debt and issuance expenses, thereby optimizing Avation’s capital structure and mitigating 2026 bond expiry risk. This move reflects Avation’s strategy to stabilize its financial position and support future growth, having significantly reduced its net debt to equity ratio over the past five years.
The most recent analyst rating on (GB:AVAP) stock is a Hold with a £156.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC has announced the currency exchange rate for its interim dividend payment, with shareholders receiving either 1.0 US cent per share or 0.749732 pence per share, depending on their currency election. The dividend will be distributed on 30 October 2025 to shareholders recorded by 17 October 2025, reflecting the company’s stable operations and commitment to shareholder returns.
The most recent analyst rating on (GB:AVAP) stock is a Hold with a £160.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC has announced the establishment of a new US$1 billion Global Medium Term Note Programme, with an initial issuance of $300 million in senior notes due 2031. This move is aimed at refinancing existing senior notes due in 2026 and covering related transaction fees, potentially strengthening Avation’s financial position and offering flexibility in managing its leasing operations.
The most recent analyst rating on (GB:AVAP) stock is a Hold with a £160.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC has established a new US$1 billion global medium-term note programme through its subsidiary, Avation Group (S) Pte. Ltd., with HSBC and Wells Fargo Securities as initial dealers. This initiative aims to enhance Avation’s financial flexibility by allowing the issuance of notes in various currencies and interest rates, potentially strengthening its market position in the aircraft leasing industry.
The most recent analyst rating on (GB:AVAP) stock is a Hold with a £160.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC announced that shareholders will receive dividends in pounds sterling by default unless they elect to receive them in US dollars by submitting a currency election form by 20 October 2025. This announcement ensures clarity in dividend distribution and offers flexibility to shareholders, potentially enhancing shareholder satisfaction and engagement.
The most recent analyst rating on (GB:AVAP) stock is a Hold with a £157.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.